Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LOKESHMACH) Lokesh Machines complete technical analysis [charts+indicators] | Buy/Sell Lokesh Machines | (LOKESHMACH) share price targets

Complete technical analysis of Lokesh Machines (LOKESHMACH) by charts plus indicators, forecast predictions and share price targets for Lokesh Machines (LOKESHMACH)

Lokesh Machines trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Lokesh Machines is 67377

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	287.80	302.00	302.00	282.05	2.12 times
07 Thu Mar 2024	300.25	306.00	311.95	298.10	1.071 times
06 Wed Mar 2024	304.85	318.50	320.95	298.00	1.681 times
05 Tue Mar 2024	318.50	320.00	328.30	310.80	0.882 times
04 Mon Mar 2024	318.35	330.95	333.00	308.65	1.413 times
02 Sat Mar 2024	330.40	331.00	334.90	321.55	0.131 times
01 Fri Mar 2024	330.25	341.95	341.95	325.00	1.027 times
29 Thu Feb 2024	329.20	333.00	341.95	319.75	1.022 times
28 Wed Feb 2024	338.90	347.00	350.95	335.00	0.761 times
27 Tue Feb 2024	349.95	358.90	364.50	345.25	0.605 times

Stock of Lokesh Machines (LOKESHMACH) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 289.9, for a target of 315.7 or 337.27

Share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Target	245.85
Downside Target	281.55
Upside Target	298.00
Upside Target	315.00
Upside Target	330.15
Upside Target	341.95
Upside Target	362.65
Upside Target	370.05
Upside Target	391.50
Upside Target	394.95
Upside Target	413.40

Intraday share price targets for Lokesh Machines (LOKESHMACH)

Target Type	Value
Downside Intraday Target	279.23
Downside Intraday Target	270.67
Upside Intraday Target	299.18
Upside Intraday Target	310.57
Upside Intraday Target	290.62

Weekly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	287.80	302.00	302.00	282.05	0.42 times
07 Thu Mar 2024	300.25	330.95	333.00	298.00	1.019 times
02 Sat Mar 2024	330.40	354.00	370.05	319.75	0.826 times
23 Fri Feb 2024	347.30	350.05	362.65	330.15	0.83 times
16 Fri Feb 2024	353.25	388.95	394.95	337.50	1.005 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Lokesh Machines (LOKESHMACH)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	287.80	341.95	341.95	282.05	0.315 times
29 Thu Feb 2024	329.20	361.00	394.95	319.75	0.995 times
31 Wed Jan 2024	352.25	365.00	413.40	340.00	0.506 times
29 Fri Dec 2023	364.35	298.20	391.50	281.55	1.351 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Lokesh Machines (LOKESHMACH)

Price action analysis of Lokesh Machines ( (LOKESHMACH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lokesh Machines ( (LOKESHMACH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lokesh Machines ( (LOKESHMACH) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Lokesh Machines stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Lokesh Machines in short term and the sell signal is strong.

Lokesh Machines Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lokesh Machines in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lokesh Machines is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 313.95 and Lokesh Machines (LOKESHMACH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Lokesh Machines (LOKESHMACH) stock. Volume based technical analysis of Lokesh Machines (LOKESHMACH) stock is negative.

Lokesh Machines Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.